Axis Bank - Daily Stock Picks
- CMP: Rs. 1164
- Target Price: Rs. 1346
- Book Value: Rs. 253
- EPS: Rs.51
- Dividend: 100%
Axis Bank Stock Analysis
- First private sector bank in India
- Recorded a growth of 9% in the balance sheet in the december 09 quarter alone
- Axis bank had an agreement with Korea Exim Bank for a credit line of upto $150 million
- For the december quarter CAR recorded a growth of 16.80%
- Between 2008-2011, the NII (Net Interest Income) and Profit are projected to grow by a compund rate of 32% and 39%
Source: Sakshi Business News
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